AICB, together with the Chief Internal Auditors Networking Group (CIANG), will be organising the Bank Audit Conference 2024 (BAC 2024) themed “Future of Internal Audit – Embracing Change, Staying Relevant” on 6 – 7 March 2024 at Four Seasons Hotel, Kuala Lumpur.

As technology continues to reshape the business landscape, particularly the financial services industry, internal auditors must embrace change to remain relevant. The future of internal audit hinges on agility, innovation, and a proactive approach to emerging risks. The evolving audit function is instrumental in ensuring compliance with regulations governing data protection and cybersecurity. As regulatory frameworks become more stringent, auditors must adapt and utilise technology to assess and monitor adherence to these standards. Failure to comply not only exposes organisations to legal consequences, but also jeopardises their reputation and customer trust.